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bottom-up estimating (PM)

Bottom-up Estimating is a technique used in project management to estimate costs or project duration.

With bottom-up estimating, where each project part is broken down into smaller project components, the predictions for project parts are significantly refined. Individual estimates are provided for each sub-component, which are then aggregated for larger sub-projects or for the overall project. This makes the predictions much more accurate.

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Englisch: bottom-up estimating (PM)
Updated at: 17.11.2020
#Words: 63
Links: project management (PM),
Translations: DE
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